Sometimes if that is an approval verse a bank account showing $500K for example, the agent on the list side may need a little education on what you are looking to do, I always have the lender call the agent in this situation to get them on board to get the listing agent more on board. 

You can target low equity homeowners which are in foreclousure and will lose theitr house to the bank because they can't make the payment.

I sunk about $40k getting the place rent ready luckily cash flow was about $20k a month and I had it for about 10 months before the bank took it back. 

And if they all add up to zero, you’ll earn 0.038% on your money  Or you could put the $125k in the bank and earn a government guaranteed $520/mo.

Perhaps a bank statement HELOC would work for me... still figuring that out.Any other creative ways to get money for a rehab? 

Traditional bank financing with a construction loan for repairs

My wife and I have been investing in real estate using creative strategies that don’t rely on traditional bank financing, and it’s completely changed how we look at deals.

The Feds won't be able to increase the Interest rate, because the US debt level has gotten so high and banks are still under stress with low prior loan rates, but high interest costs.

I would be financing the property via a bank. 

@Mark Ainley and @Tom Shallcross host the podcast, and it is on my list to listen to daily.